Latest news with #TashkentInternationalInvestmentForum2025
Euronews
6 days ago
- Business
- Euronews
Uzbekistan is leading efforts to reduce emissions in data centers
At the Tashkent International Investment Forum 2025 (TIFF 2025), green tech and AI-ready infrastructure dominated the conversation, and few projects generated as much buzz as Data Volt's push to build the region's first fully sustainable, high-density data centers. 'We're bringing in the latest technology, especially in cooling', said Rajit Nanda, CEO of Data Volt, outlining how the company is rethinking the fundamentals of digital infrastructure. 'These facilities aren't just built for today – they're built for where AI is heading'. Data Volt's model is deceptively simple: use solar by day, wind by night, and store the rest in powerful battery systems that keep operations running around the clock. What makes it revolutionary is the scale, and the context. 'If we don't start building sustainable data centers now, the industry's carbon footprint could rival that of aviation within a decade', warned Nanda. Data Volt isn't waiting. It has already launched a pilot project worth €185 million in Tashkent's IT Park. Larger facilities are in the pipeline, including a new site in the ancient city of Bukhara expected to attract €2.8 billion, and a third project in New Tashkent, a futuristic smart city being built from the ground up. Altogether, the company plans to invest over €4.6 billion in Uzbekistan over the next five years. What sets Data Volt apart is not just its green credentials, it's how the company is preparing for the next wave of AI. Traditional data centers in the region operate at roughly 10 kilowatts per rack. Data Volt's current designs push that to 100 kilowatts, and upcoming projects aim to reach densities of 1,000 kilowatts per rack – capable of supporting the heaviest AI workloads. 'The world is running out of computer power,' said Nanda. 'As AI becomes part of everyday life, we want to make sure people don't experience buffering or lag like we did in the early days of the internet'. Uzbekistan's digital transformation keeps on surprising many investors. With an action plan full of reforms, a young and tech-savvy population, and increasing openness to foreign investment, the country is fast becoming a testbed for innovation. 'Uzbekistan is transforming', Nanda admitted. 'The local talent pool, especially in energy and digital, makes it a natural candidate to lead the region's digital revolution'. And while the projects are rooted in Central Asia, the vision is global. Data Volt's infrastructure is being designed to serve the world's growing appetite for real-time AI, green computers, and scalable, sustainable tech solutions. The digital future is coming faster than expected. The challenge is building the infrastructure to support it without breaking the planet. At TIIF 2025, one thing was clear: that work has already begun.
Yahoo
10-06-2025
- Business
- Yahoo
Plug Power and Allied Green Ammonia partner in 2GW electrolyser deal
Plug Power has announced a collaboration with Allied Green Ammonia (AGA) on a new 2GW electrolyser for AGA's sustainable fuel initiative in Uzbekistan. The agreement will be formalised during the Tashkent International Investment Forum 2025, to be held from 10 June to 12 June at the Central Asian Exhibition Centre (CAEx Centre) in the Uzbek capital. Plug's electrolyser technology has been chosen as the cornerstone of a new $5.5bn green chemical production facility in Uzbekistan, which will manufacture sustainable aviation fuel, green urea and green diesel. Supported by the government of Uzbekistan, the venture further solidifies Plug's reputation as the preferred provider for large-scale decarbonisation efforts globally. Plug Power CEO Andy Marsh stated: 'This latest expansion with Allied Green demonstrates how Plug is leading the global hydrogen transition with proven electrolyser technology and execution at industrial scale. 'With a 5GW partnership now spanning two continents, this is a defining example of our ability to deliver for customers, building the future of energy.' The project complements Allied Green's earlier commitment to a 3GW electrolyser for a green ammonia plant in Australia, which is on schedule for a final investment decision by the fourth quarter of 2025. Allied Green Ammonia's Alfred Benedict stated: 'This agreement reflects our deep confidence in Plug's team, technology and ability to deliver on bold, world-class projects. 'Together, we are creating meaningful momentum for global decarbonisation — first in Australia, now in Uzbekistan and in future regions to come.' Plug's technology is either deployed or under development across five continents, aiding the industrial, transportation, energy and chemicals sectors. Plug Power president Sanjay Shrestha stated: 'This continued collaboration with Allied Green reflects Plug's ability to support ambitious decarbonisation goals with scaleable electrolyser technology. 'As we look to expand our relationship, we see strong alignment in our shared vision for accelerating the global shift to low-carbon hydrogen across industries and regions.' In January 2025, Plug Power's subsidiary, Plug Power Energy Loan Borrower, obtained a $1.66bn loan guarantee from the US Department of Energy to construct up to six clean hydrogen facilities. "Plug Power and Allied Green Ammonia partner in 2GW electrolyser deal" was originally created and published by Power Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
